A system developed in cooperation with Warsaw University of Technology.

Financial institutions run one of the most valuable resources: millions of bank accounts with the deposited money. Online banking makes customers’ lives easier, however, simultaneously it attracts hackers to attempt to crack the protections so as to intercept client savings. While online banking infrastructure is supervised by qualified IT security specialists, individual customers frequently remain unaware of the cyber-crime threats. Hence hackers focus on the easier target, exploiting software loopholes, unfamiliarity with IT security, and user carelessness to take control of their PCs or mobile devices.

The Online Fraud Protector from STM Solutions has been developed to bridge the security gap in communication between the Client’s browser and the web application. It provides protection against attacks aimed at: phishing (i.e. theft of user names and passwords for the banking application), stealing money by replacing the target bank account number through the use of malware (web-injects) added to the website in the browser memory, or intercepting data by using spying software, so-called sniffers.